Local Insights:
Southern Lake Macquarie

Southern Lake Macquarie spans the areas from Belmont to Swansea Heads, and features a number of small beaches and quiet villages where the lake connects to the Pacific Ocean.

Belmont is one of Lake Macquarie’s major town centres, sitting on the eastern shore of the lake. It is bordered by the oceanside Belmont Wetlands State Park and Blacksmiths Beach. It’s a popular sheltered sailing spot, with the Belmont 16s Sailing Club and Lake Macquarie Yacht Club based there.

Caves Beach offers a close-knit coastal community, popular among families with a local public school and other facilities. The weekends usually bring visitors from Sydney who are keen to explore the caves themselves, which have been carved out by the sea over many years.

The proximity to Charlestown and access to the Central Coast and Sydney from these areas is also a major drawcard for buyers looking for a beach or lakeside lifestyle.

The highest average house sale price in the Southern Lake Macquarie area recently was $1.5 million in Pelican, while apartments sold anywhere from $557,500 in Belmont to $963,500 in Caves Beach. The highest average return on investment for houses was in Belmont North at 4.38% and 3.7% for apartments in Belmont.